Penncrest Bank
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Data as of · sourced from FFIEC call reports. How we update
Penncrest Bank is an FDIC-insured savings bank headquartered in Altoona, PA, established in 1939 (FDIC certificate 30119), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $247.1M, up 5.6% from Q2 2025, the 87th largest of 109 banks headquartered in Pennsylvania. It reports no CET1 ratio; its Tier 1 leverage ratio was 13.48% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 30119
- Headquarters
- Altoona, PA
- Established
- 1939
- Total assets, Q2 2026
- $247.1M
- Assets vs Q2 2025
- +5.6%
- Tier 1 leverage ratio, Q2 2026
- 13.48%
- Domestic offices
- 8 FDIC institution directory, current count
- Routing number
- 231371605
- Latest call report
- Q2 2026, FFIEC 051 · Penncrest Bank call report
- Asset rank in state
- 87th of 109 in Pennsylvania
Penncrest Bank, based in Altoona, Pennsylvania, reported $247 million in assets at June 30, 2026, up 5.6% from a year earlier. It holds commercial real estate loans equal to only 22% of its capital, a small fraction of the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. On the other hand, it returns 4.5% a year on shareholders' equity, about a third the median of 12.5% for banks its size.
Net income for the quarter rose 13% from a year earlier, to $339,000. Its margin is thin by comparison: it keeps 3.09 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
As of June 30, 2026, Penncrest Bank reported a return on assets of 0.54%, a nonperforming-loan ratio of 0.50% and a Texas ratio of 2.60%. The figures come from its call report filed with the FFIEC.
Penncrest Bank ranks as the 87th largest of the 109 banks based in Pennsylvania, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.7% to $247.1M, loans rose 2.0% and deposits rose 1.6%. 1-4 family residential loans made up 86.5% of its total loans on June 30, 2026, its largest category; next came auto loans at 4.8%. Its 8 offices in the FDIC Summary of Deposits are in 7 cities in PA; its Cresson office books 21% of its branch deposits. On its Q2 2026 call report, Penncrest Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 1201 12th St, Altoona, PA 16601
- County
- Blair
- Metro Area
- Altoona, PA
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 3, Philadelphia
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1939
- Former names
- C&G Savings Bank (1992-2016); C&G Savings Association (1990-1992)
- Domestic offices
- 8 FDIC institution directory, current count
- Employees (FTE)
- 49
- Domestic deposits
- $210.0M
- Allowance for credit losses
- $261K
- Net charge-offs (YTD)
- $5K
- Average total assets
- $251.6M
- Average total loans
- $155.0M
- Average interest-bearing deposits
- $147.3M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 30119
- Fed RSSD
- 805876
- Website
- www.PennCrest.BANK →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Penncrest Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Penncrest Bank's total assets moved between a low of $216.6M (Q3 2023) and a high of $247.1M (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$247.1M total assets against $234.1M; $217.0M total liabilities against $206.0M.
$156.2M net loans and leases against $151.4M; $210.0M total deposits against $199.5M.
$68.8M securities against $61.8M; $9.5M cash and balances due against $8.7M.
$2.5M total interest income against $2.3M; $728K total interest expense against $690K.
$1.8M net interest income against $1.6M.
$326K total noninterest income against $313K; $1.6M total noninterest expense against $1.6M.
$50K provision for credit losses against $0.
$339K net income against $301K.
0.54% return on assets against 0.50%; 3.09% net interest margin against 2.99%.
13.48% tier 1 leverage ratio against 13.71%.
Inside the full Penncrest Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freePenncrest Bank rankings
Its closest position to the top of a national ranking is 1,996 of 3,640, for Texas Ratio; its furthest is 3,207 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.17% (Q4 2024) to 0.54% (Q2 2026) and its net interest margin ran from 2.73% (Q3 2024) to 3.09% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.48% | 0.54% | 0.50% | 2.60% | 3.09% |
| Q1 2026 | 13.72% | 0.38% | 0.48% | 2.50% | 2.99% |
| Q4 2025 | 13.85% | 0.36% | 0.47% | 2.41% | 2.98% |
| Q3 2025 | 13.82% | 0.48% | 0.44% | 2.25% | 3.01% |
| Q2 2025 | 13.71% | 0.50% | 0.45% | 2.42% | 2.99% |
| Q1 2025 | 13.83% | 0.24% | 0.47% | 2.56% | 2.78% |
| Q4 2024 | 14.08% | 0.17% | 0.52% | 2.84% | 2.81% |
| Q3 2024 | 14.14% | 0.26% | 0.52% | 3.24% | 2.73% |
Swipe the table sideways to see every column.
Branch Network
View all 8 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Cresson Br | Cresson , PA | 16630 | $43.4M |
| Patton Plaza Branch | Patton , PA | 16668 | $37.4M |
| Altoona Branch | Altoona , PA | 16602 | $24.7M |
| Williamsburg Branch | Williamsburg , PA | 16693 | $23.4M |
| Nanty Glo Branch | Nanty Glo , PA | 15943 | $22.6M |
| 408 Allegheny Street Branch | Hollidaysburg , PA | 16648 | $20.7M |
| Gallitzin Branch | Gallitzin , PA | 16641 | $19.2M |
| Penncrest Bank (main office) | Altoona , PA | 16601 | $18.6M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| March 1, 2016 | Structure Change | Acquired Cresson Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 29, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 1, 2000 | Structure Change | Acquired Peoples Savings & Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 31, 2000 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 31, 1990 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 2, 1990 | Structure Change | Acquired Gallitzin Savings & Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 3, 1980 | Structure Change | Acquired County Capital Building & Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 7 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in PA, rank 109 of 145 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $55K approved, $55K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2004 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Penncrest Bank
What are Penncrest Bank's total assets?
As of the Q2 2026 filing, Penncrest Bank reported total assets of $247.1 million in its FFIEC call report.
Where is Penncrest Bank headquartered?
It is headquartered in Altoona, PA, United States.
When was Penncrest Bank founded?
It was established in 1939, per the FDIC institution directory.
Is Penncrest Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #30119). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Penncrest Bank?
Penncrest Bank's primary federal regulator is the FDIC.
How many branches does Penncrest Bank operate?
It operates 8 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Penncrest Bank's Texas Ratio?
Its Texas Ratio is 2.60% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Penncrest Bank previously called?
The charter now named Penncrest Bank has also operated as C&G Savings Bank (1992-2016), C&G Savings Association (1990-1992), per FDIC structure-change records.
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